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ISO

It stands for intermarket sweep order; an order that sweeps across the exchange (exchanges) where it is placed, picking up...

ISO Designated IOC

It stands for immediate or cancel (IOC) intermarket sweep order (ISO); a market or limit order that is immediately executed,...

IOC ISO

It stands for immediate or cancel (IOC) intermarket sweep order (ISO); a market or limit order that is immediately executed,...

IPO Quote-Only Period

In relation to an initial public offering (IPO), specifically an IPO cross, it is a period that precedes the release...

IPO Cross

In relation to an initial public offering (IPO), it is the first public trade/ transaction. It is a mechanism to...

Indication

A bid by a market participant that involves an approximate/ indicative price for trading of securities. In other words, a...

Information Statement

A form that is used to file with the securities and exchange authorities (the SEC) in lieu of a proxy…

Investment Sponsor

An institutional investor that invests money at its disposal. Examples include mutual funds, pension funds, endowments, trusts, insurers, hedge funds,…

Intraday Quote

A quote that is run or made available to market participants during intraday hours (defining a market session or market...

Intra-Day Quote

A quote that is run or made available to market participants during intra-day hours (defining a market session or market...